Highlights

Stock Price Target

 
Search
Recent Price Targets: [Sign In or Register (FREE) to view]
 
KLSE: SUNWAY       SUNWAY BHD
Last Price Avg Target Price   Upside/Downside Price Call
1.80 1.89     +0.09 (5.00%)
* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.
** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).
Date Open Price Target Price Upside/Downside Price Call Source News
05/12/2019 1.77 2.17 +0.40 (22.60%) BUY HLG Price Target News
22/11/2019 1.78 1.84 +0.06 (3.37%) HOLD TA Price Target News
22/11/2019 1.78 1.72 -0.06 (3.37%) HOLD MIDF Price Target News
22/11/2019 1.78 2.17 +0.39 (21.91%) BUY HLG Price Target News
22/11/2019 1.78 2.07 +0.29 (16.29%) BUY AmInvest Price Target News
22/11/2019 1.78 2.05 +0.27 (15.17%) BUY AffinHwang Price Target News
04/11/2019 1.70 2.17 +0.47 (27.65%) BUY HLG Price Target News
01/11/2019 1.70 1.78 +0.08 (4.71%) HOLD TA Price Target News
01/11/2019 1.70 2.17 +0.47 (27.65%) BUY HLG Price Target News
29/10/2019 1.69 1.78 +0.09 (5.33%) HOLD TA Price Target News
29/10/2019 1.69 1.99 +0.30 (17.75%) BUY AmInvest Price Target News
23/10/2019 1.69 2.17 +0.48 (28.40%) BUY HLG Price Target News
17/10/2019 1.69 2.17 +0.48 (28.40%) BUY HLG Price Target News
10/10/2019 1.69 2.17 +0.48 (28.40%) BUY HLG Price Target News
09/10/2019 1.68 1.78 +0.10 (5.95%) HOLD TA Price Target News
23/09/2019 1.68 1.78 +0.10 (5.95%) HOLD TA Price Target News
23/09/2019 1.68 1.99 +0.31 (18.45%) BUY AmInvest Price Target News
13/09/2019 1.64 1.60 -0.04 (2.44%) HOLD KENANGA Price Target News
13/09/2019 1.64 2.17 +0.53 (32.32%) BUY HLG Price Target News
13/09/2019 1.64 1.98 +0.34 (20.73%) BUY AmInvest Price Target News
11/09/2019 1.63 2.17 +0.54 (33.13%) BUY HLG Price Target News
28/08/2019 1.59 1.55 -0.04 (2.52%) HOLD MIDF Price Target News
28/08/2019 1.59 1.60 +0.01 (0.63%) HOLD KENANGA Price Target News
28/08/2019 1.57 2.17 +0.60 (38.22%) BUY HLG Price Target News
28/08/2019 1.57 2.00 +0.43 (27.39%) BUY AmInvest Price Target News
28/08/2019 1.59 2.05 +0.46 (28.93%) BUY AffinHwang Price Target News


Price Target Research Article/News (past 6 months)
05/12/2019  HLG Sunway - FY20 to Soar Higher
22/11/2019  TA Sunway Bhd - Sales Target Intact
22/11/2019  MIDF Sunway - New Sales Target Maintained at RM1.3b
22/11/2019  HLG SUNWAY - On the Right Track
22/11/2019  AmInvest SUNWAY - 9MFY19 EBITDA Surges 11.2% YoY
22/11/2019  AffinHwang Sunway Berhad - 3Q19 Results: Sustained Growth Momentums
04/11/2019  HLG SUNWAY - Sunway 20191029 Expanding Exposure in Wangsa Maju
01/11/2019  TA Sunway Bhd - Acquiring Purpose-Built Student Accommodations in UK
01/11/2019  HLG Sunway - Setting Foot Into UK Student Accommodations
29/10/2019  TA Sunway Bhd - 5th Land Acquisition for This Year
29/10/2019  AmInvest Sunway - Acquiring new land for development at Wangsa Maju
23/10/2019  HLG SUNWAY - Venturing into UK student accommodations
17/10/2019  HLG Sunway - Venturing Into UK Student Accommodations
10/10/2019  HLG Sunway - Healthcare Gaining Traction
09/10/2019  TA Sunway Bhd - A Busy 2019
23/09/2019  TA Sunway Bhd - 4th Land Deal This Year
23/09/2019  AmInvest SUNWAY - Acquiring new land for development at Mutiara Bukit Jalil
13/09/2019  KENANGA Sunway Berhad - Wins Land Bid in Tianjin, China
13/09/2019  HLG Sunway - Phase 3 of Tianjin in the Bag
13/09/2019  AmInvest Sunway - New Property Development in Tianjin, China
11/09/2019  HLG Property - Some may not have bottomed
28/08/2019  MIDF Sunway Berhad - Achieved news sales of RM735m to-date
28/08/2019  KENANGA Sunway Berhad - Within Expectations
28/08/2019  HLG Sunway - Strong Dividends Ahead
28/08/2019  AmInvest Sunway - New Profit up 19.9%, Healthcare PBT Jumps 59.7% YoY
28/08/2019  AffinHwang Sunway Berhad - 2Q19 Results: Disposal Gain



  8 people like this.
 
martinbartesque Sunway - Healthcare Gaining Traction

Author: HLInvest | Publish date: Thu, 10 Oct 2019, 8:44 AM

Sunway Medical Centre Velocity, the latest addition to Sunway’s healthcare arm started operations on 3 Sep 2019, receiving over 1,000 patients since then. The hospital has a capacity of 240 beds and 77 specialist clinics once fully operational by end-2020. Meanwhile, Sunway Medical Centre (located in Bandar Sunway) is currently undergoing its Phase 4 expansion (targeted to complete by 2022), which will house additional specialist clinics, an assisted living centre and additional hospital beds. We maintain our forecast and BUY rating with an unchanged TP of RM2.17 based on a 10% holding discount from SOP-derived valuation of RM2.41.

We took a group of fund managers/analysts to visit the Sunway Medical Centre Velocity (SMCV). The MD of healthcare unit, CEO of Velocity Hospital and management team took us round the various units. We came out feeling positive about its prospects. Here are the key takeaways.

SMCV. The hospital did its soft launch on 3 Sept and is located in a 10-storey building next to the Sunway Velocity Mall and Hotel. The hospital has a capacity of 240 beds and 77 specialist clinics once fully operational by end-2020. As a start, it currently operates on 120 beds with 45 clinics and since its soft launch, it has received over 1,000 patients. Interestingly, the first baby delivered on the maternity ward was a Chinese national, anecdotally indicating its attractiveness to foreigners. The hospital runs an e-Medical Report system whereby data of patients are all digitalized, allowing for more efficient data processing and reducing the waiting time before and during consultations. The hospital has attracted doctors with an equal mix from both the private and government sectors.

Sunway Medical Centre (SMC). Located in Bandar Sunway, Sunway’s flagship hospital is currently undergoing its Phase 4 expansion (targeted to complete by 2022), which will house additional specialist clinics, an assisted living centre and additional hospital beds. SMC is also migrating its data system to e-Medical Report from its conventional physical report cards.

Cheaper entry to the healthcare sector via Sunway Berhad (trading at forward P/E of 12x) as compared to IHH (37x) and KPJ (19x). With the listing of the healthcare business potentially on the cards, Sunway’s healthcare business is estimated to fetch a valuation of c.RM1.5bn (based on FY18 net profit and a price multiple of 25x), with further upside as expansion of the business is ongoing.

Forecast. Unchanged as the meeting yielded no major surprises.

Maintain BUY with an unchanged TP of RM2.17 based on a 10% holding discount from SOP-derived valuation of RM2.41. Sunway remains our top pick given its well integrated property and construction development. Its hidden gem, the healthcare business (with 4 new hospitals coming on stream over the next three years) has yet to be appreciated as it is embedded within the parent-co. These coupled with the resilient earnings from mature investment properties alongside its growing building materials business and quarry operations justifies for the re-rating of the stock.



Source: Hong Leong Investment Bank Research - 10 Oct 2019
11/10/2019 9:02 AM
martinbartesque https://www.enanyang.my/news/20191010/%E3%80%90%E8%A7%86%E9%A2%91%E3%80%91%E5%8F%8C%E5%A8%81-%E5%8C%BB%E7%96%97%E4%B8%9A%E5%8A%A1%E6%88%96%E7%8B%AC%E7%AB%8B%E4%B8%8A%E5%B8%82/

双威(SUNWAY,5211,主板工业股)最新的蕉赖双威伟乐医疗中心,在上月3日非正式推介,至今接收了超过1000名病患;在明年杪全面运作后,该医院会完全开放240张床位和77间专科诊所。

另外,双威医疗中心正进行第四期扩建,放眼2022年竣工,届时将增添额外专科诊所、床位和一所生活辅助中心。

行家建议

我们先前拜访了双威伟乐医疗中心,对该医院的前景感到有信心。

我们视双威为投资医疗领域的最廉宜途径,目前股价以本益比是12倍,远低于IHH医疗保健集团(IHH,5225,主板保健股)的37倍,及柔佛医药保健(KPJ,5878,主板保健股)的19倍。

目前,双威医疗业务仍有可能独立上市,预计估值约可达15亿令吉,相当于2018财年本益比的25倍,且还有上升空间,因为扩展计划正如火如荼。

不过,由于此次会面没有重大惊喜,因此我们维持财测不变。

我们保持“买入”评级和2.17令吉目标价,相当于加总估值法(SOP)得出的2.41令吉再折价10%。

此外,鉴于双威良好的整合产业发展与建筑业务,该公司仍是我们的首选股,且未被发掘的医疗业务,尚未获得投资者赏识。
11/10/2019 9:05 AM
martinbartesque Assuming the listing of healthcare becomes true, and share price of Sunway is increased from 1.69 to 2.00 where WB maintains premium of 26%, WB will be worth RM0.80 based on calculation.

Decide on your own whether it is worth to buy & keep WB :)
11/10/2019 9:18 AM
martinbartesque Listing of healthcare has been delayed, not in 2019? Probably it is no longer in 2019 as now is almost end of 2019. Would it probably be in 2020? I believe so. Do your own judgement.

https://www.thestar.com.my/business/business-news/2017/06/15/sunway-set-to-list-healthcare-arm-in-2019
11/10/2019 10:07 AM
mcmann at this moment the WB is more bullish than mum
15/10/2019 10:42 AM
martinbartesque seems someone is colleting WB today. Good sign.
15/10/2019 4:04 PM
RainT Listing the healthcare unit of SUNWAY

then we as SUNWAY shareholders what we will get?

free shares of the SUNWAY healthcare unit ?
17/10/2019 7:06 PM
necro Yup... Dividend in specie... Most likely 1 Sunway Healthcare for 1 Sunway...
18/10/2019 5:38 PM
mcmann suncon move but sunway not move
21/10/2019 3:41 PM
RainT @necro

thanks for information
21/10/2019 9:18 PM
kkwn1718 May I know how was the performance of Sunway in past two weeks?
22/10/2019 8:45 PM
RainT same as usual

sleeping in the same range

SUNWAY pattern is like that

as most of the shares in control by major funds and shareholders
30/10/2019 8:26 PM
Mabel 01/11/2019 1.70 1.78 +0.08 (4.71%) HOLD TA
01/11/2019 1.70 2.17 +0.47 (27.65%) BUY HLG
29/10/2019 1.69 1.78 +0.09 (5.33%) HOLD TA
29/10/2019 1.69 1.99 +0.30 (17.75%) BUY AmInvest
23/10/2019 1.69 2.17 +0.48 (28.40%) BUY HLG
17/10/2019 1.69 2.17 +0.48 (28.40%) BUY HLG
10/10/2019 1.69 2.17 +0.48 (28.40%) BUY HLG
09/10/2019 1.68 1.78 +0.10 (5.95%) HOLD TA
23/09/2019 1.68 1.78 +0.10 (5.95%) HOLD TA
23/09/2019 1.68 1.99 +0.31 (18.45%) BUY AmInvest

Lovely price target...

Managed to accumulate more...

Thanks for selling...

See you all at RM 3...

Cheers!
04/11/2019 10:01 AM
TCH wow, 1.77 now....what happen? any news?
06/11/2019 10:51 AM
junetan11 wakeup
06/11/2019 10:57 AM
junetan11 will shoot to 2?
06/11/2019 11:03 AM
Red Dragon Any news, can share?
06/11/2019 11:06 AM
M2 Finally. Huat ar..!!
06/11/2019 11:12 AM
necro what happen?...already break resistant RM1.74...

Sunway Healthcare IPO on the pipeline?
Superb quarter result on 21/11/2019?
Another M&A on the way?
or SUNREIT good result?
06/11/2019 11:13 AM
junetan11 SUNREIT good result!
06/11/2019 11:15 AM
sharevirgin Congratulations!
06/11/2019 11:20 AM
mcmann hosehliao go sunway go
06/11/2019 2:00 PM
Pang Good qtrly result?
06/11/2019 2:05 PM
KaahHeng what happen? why up so much?
06/11/2019 6:43 PM
Kendo Ken Hz 3 coming, cheah buying
06/11/2019 7:57 PM
RainT @mabel

Rm3 ????

Don’t expect too much
Will disappointment more
07/11/2019 12:09 AM
RainT Hope is not 1 day show la
07/11/2019 12:09 AM
toypoodle Waiting at 1.60 again hahaha
10/11/2019 10:04 PM
mcmann big block again
11/11/2019 4:46 PM
sharevirgin nice closing!
11/11/2019 5:23 PM
toypoodle Be patience at 1.60 hahaha
12/11/2019 10:56 AM
toypoodle Coming baby 1.6 hahaha
19/11/2019 11:07 AM
Marihome Good result
21/11/2019 6:54 PM
mcmann hard to say tomorrow will up or not recently many post good qr the next thing is drop hmmm
21/11/2019 7:39 PM
onward Very steady stock. With this colorful result still no up
22/11/2019 3:13 PM
RainT that is KLSE pattern

good result but share price no go up or stagnant instead
22/11/2019 3:18 PM
zakaria444 Sunway Bhd’s (Sunway) net profit in the third-quarter (Q3) ended September 30, 2019, rose 26.57 per cent to RM183.42 million from RM144.92 million recorded a year ago.
22/11/2019 3:26 PM
prince4 US-CHINA Trade War market uncertain, local and foreign funds money would not flow in big cap and mid cap stock because everybody scare buy high losses money . In this few month expect Funds manager money would flow out in big cap and midcap stocks and will short selling mid cap stocks for make money so now no prospects cannot buy and hold .
http://www.bursamalaysia.com/misc/system/assets/28273/Directive-on-the-List-of-Approved-Securities-(with-effective-from-29Nov2019).pdf
TOP volume all low prices stocks.This is a opportunity ,markets money now flows in cheaper stocks. sharks now start goreng lows price stock at bottom..
29/11/2019 3:40 PM
29/11/2019 8:42 PM
93126668 https://www.theedgemarkets.com/article/higher-fy20-earnings-expected-sunway
06/12/2019 4:47 PM
James Ng https://klse.i3investor.com/blogs/general/248509.jsp
[转贴] [SUNWAY BHD:收入较低是由于房地产开发,建筑,贸易和制造业等部门的贡献减少] - James的股票投资James Share Investing
17/12/2019 9:38 AM
Pang EPF keep buying
18/12/2019 10:27 AM
ubaL taM Sun eclipse
26/12/2019 12:38 PM
KiasiPu RM2 soon
06/01/2020 3:41 PM
wind_00 Sunway gogogo!
06/01/2020 5:10 PM
necro Gogogogo RM2.00 End Of January 2020
07/01/2020 10:16 AM
RainT slow & steady uptrend
07/01/2020 4:20 PM
thesteward This is one good company under good management
07/01/2020 10:13 PM
MirageHotelPD 引进伙伴 安排上市 双威释放医疗业务价值 | https://www.klsescreener.com/v2/news/view/615600
09/01/2020 10:59 AM
ycbang Buy TP Rm2. 50
21/01/2020 7:21 AM


1986 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 SCOMNET 0.7550.00 
 KOTRA 1.950.00 
 UCREST 0.150.00 
 EITA 1.490.00 
 PUC 0.0550.00 
 WILLOW 0.600.00 
 IRIS 0.140.00 
 HOOVER 0.430.00 
 BTECH 0.210.00 
 3A 0.7150.00 

FEATURED POSTS

1. Leveraged & Inverse ETF CMS

TOP ARTICLES

1. Bank Negara MPC cuts OPR by 25bp to 2.75% save malaysia!!!
2. Dayang: Only fools will sell - Koon Yew Yin Koon Yew Yin's Blog
3. 【科技成长股】INARI AMERTRON BERHAD – One of EMS Industries Benefit from Cadence and Broadcom Collaboration. 【科技成长股】INARI AMERTRON BERHAD – Benefit from Cadence and Broadcom Collaboration. What Next?
4. China will keep buying our palm oil, Darell Leiking says save malaysia!!!
5. Top Glove and Supermax: Potential Beneficiaries Amid Coronavirus Outbreak KL Trader Investment Research Articles
6. 4大手套股发“灾难财” 星洲日報/投資致富‧企業故事
7. Notion Vtec Berhad – PART I - by Davidtslim: A high precision metal parts Specialist who rides on Electronic Manufacturing Services (“EMS”) Davidtslim sharing
8. 不是叫你买股 - NOTION篇,火后凤凰? 作者 JC JC
Partners & Brokers